Like any other business, an independent insurance agency must pay attention to its financial well-being. These basic tools will help you manage your agency’s financial operation.
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Even with the dominance of direct billing, A/R is still an area that can get an agency in trouble. These two sections outline strategies to manage accounts receivables effectively.
Outlines the permissible options for agencies own financing of accounts, including information on late fees, installment plans and credit cards.
Outlines the regulations permitting limited compensation for the placement of premium finance business with a premium finance company.